"Our long-term goal is to win the next generation," said Ubisoft co-founder and CEO Yves Guillemot. "The tough decisions we are taking today to fully realise the major potential of our new creations have an impact on our short-term performance.

"We are convinced that, longer term, they will prove to be the right decisions both in terms of satisfaction for our fans and in terms of value creation for our shareholders. We are building franchises that will become perennial pillars of Ubisoft's financial performance."